Introduction
- Introduction
- Overview of Forecast Tabs
- Using the Sales Demand Tabs
- Using the Supply Demand Tabs
- Making Changes or Removing Entries
- How to Download the Template
What you'll learn
- Demand Trends: Identifies patterns in customer demand, helping you prepare for high or low sales periods.
- Inventory Levels: Shows how much stock you need to maintain, reducing the risk of overstocking or stockouts.
- Sales Projections: Estimates future sales, aiding in budget planning and financial forecasting.
- Seasonal Variations: Highlights seasonal trends, allowing for better planning around peak times and off-seasons.
- Supply Chain Needs: Indicates future supply requirements, improving relationships with suppliers and optimizing order quantities.
- Risk Management: Identifies potential risks and uncertainties, allowing for proactive strategies to mitigate their impact.
Description
Welcome to this comprehensive course on Inventory Management, Supply Demand, and Demand Planning! This course is designed to equip you with essential skills in Inventory Forecasting, Demand Forecasting, and Inventory Control to excel in today’s competitive market.
You’ll gain valuable insights into analyzing customer demand patterns and effectively managing inventory levels. We’ll cover practical strategies for handling seasonality variations and accurately projecting future sales. Learn how to forecast the optimal quantity of units to order from suppliers and manage inventory across distribution channels such as Amazon and Walmart.
Here are the key topics we will discuss:
Advanced Inventory Management: Techniques for consolidating shipments, optimizing container fills, and reducing shipping costs.
Effective Demand Planning and Supply Demand: Tools and methods for forecasting demand trends and balancing supply demand.
Optimized Inventory Control: Strategies to avoid stockouts and overstock situations, manage lead times, and enhance overall supply chain efficiency.
By the end of this course, you will be proficient in Inventory Forecasting and Demand Forecast, enabling you to make data-driven decisions and refine your approach to Inventory Management. Mastering these skills will help you manage supply demand effectively, improve your business’s performance, and stay ahead in a dynamic and competitive market.
See you in the first lesson!
The University of Sheffield
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About the instructors
- 4.46 Calificación
- 3745 Estudiantes
- 3 Cursos
Lizane Raaths
Supply Chain & Product Manager
Meet Lizane Raaths, a senior Supply Chain and Product Manager with over a decade of experience. She excels in managing multiple brands and is passionate about the impact of effective communication, a crucial yet often overlooked skill in the industry.
Lizane’s love for the ever-evolving Supply Chain field drives her to help others enhance their skills and knowledge. As a dedicated mentor, she offers invaluable insights for those eager to explore Supply Chain Management.
Join now on an exciting journey with Lizane's Supply Chain Management, Inventory Forecasting and Product Development course. Dive into procurement, logistics, inventory management, distribution strategies, and product development to unlock a world of opportunities and build a successful career in this dynamic field.
Student feedback
4
Course Rating
Reviews
Eko Setyanto
18-09-2024
Useful & insightful